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For bosses who are almost happy with their relationship with their shareholders — but can’t put their finger on what’s missing Imagine your shareholders seated around a polished mahogany table. The scent of freshly brewed coffee permeates the room. You can hear your voice rolling out the budget for the next quarter. Like soft velvet, … Continue reading “SIGN UP FOR THE JULY 24th BOOT-CAMP AND SAVE 33%!”

Managing Uncertainty in Food Production

Managing Uncertainty in Food Production Running your food business requires all your attention. Even after giving it your all, you and many food producers still lose sleep at night over the risks you face, such as freshness of ingredients, equipment management and workforce interruptions. There are many other ‘acts of God’ and man which may … Continue reading “Managing Uncertainty in Food Production”

The Benefits of Using a Strong Risk Management Framework for Your Business

This is a fine article. The author is voting for ISO 31000 as a framework for business. It is a shame that he appears to be, as of yet, unaware of ISO 31000’s robust framework for any sector or industry. In fact, each risk category mentioned in the article can be effectively managed using this … Continue reading “The Benefits of Using a Strong Risk Management Framework for Your Business”

What is the new Risk-Based Thinking in ISO 9001?

Risk-based thinking is a central theme which is newly introduced in ISO 9001:2015. The authors of this standard intended to replace the old ‘Preventive Action’ clause from ISO 9001:2008 with this simpler and more practical feature. Their intent was not to include the entire gamut of Risk Management such as can be found in the … Continue reading “What is the new Risk-Based Thinking in ISO 9001?”

What other standards are related to ISO 31000 and Risk Management?

Many of the ISO standards now include requirements related to risk and some reference ISO 31000 for further information. Some of the better known standards are: ISO 9001 – Quality Management Systems ISO 13485 – Medical Device Quality Management Systems ISO 14001 – Environmental Management Systems ISO 27001 – Information Security Management Not Mandated Although … Continue reading “What other standards are related to ISO 31000 and Risk Management?”